A store is selling a green rug for $54.50 and a white rug for $31.85. The green rug is marked down by 12%, and the white rug is marked up by 16%. After the markup and markdown, which rug is more expensive, and how much more expensive is it? Round all dollar values to the nearest cent.

a.

The white rug is $1.09 more expensive than the green rug.

b.

The white rug is $5.35 more expensive than the green rug.

c.

The green rug is $1.44 more expensive than the white rug.

d.

The green rug is $11.01 more expensive than the white rug.

Question

Nelson Ball

Mathematics

28 October, 06:48

A store is selling a green rug for $54.50 and a white rug for $31.85. The green rug is marked down by 12%, and the white rug is marked up by 16%. After the markup and markdown, which rug is more expensive, and how much more expensive is it? Round all dollar values to the nearest cent.

a.

The white rug is $1.09 more expensive than the green rug.

b.

The white rug is $5.35 more expensive than the green rug.

c.

The green rug is $1.44 more expensive than the white rug.

d.

The green rug is $11.01 more expensive than the white rug.

+5

Answers (2)

Know the Answer?

Valerie Aguilar · Answer 1

The correct answer is The green rug is $11.01 more expensive than the white rug.

Shuttershy · Answer 2

Green Rug (Original Price) = $54.50

White Rug (Original Price) = $31.85

12% markdown for green Rug = 12% x $54.50 = 0.12 x 54.5 = $6.54

Price of the Green Rug after 12% markdown = $54.50 - $6.54 = $47.96

16% markup for white Rug = 16% x $31.85 = 0.16 x 31.85 = $5.10 (nearest hundredth)

Price of the White Rug after markup = $31.85 + $5.10 = $36.95

Difference in Price = $47.96 - $36.95 = $11.01

Answer : (D) The green rug is $11.01 more expensive than the white rug.